Encana Common Shares means the common shares in the capital of
Encana;
Encana Incentive Awards means, collectively, the stock options (together with any associated tandem stock
appreciation rights), stock appreciation rights, performance share units, restricted share units, deferred share units, restricted stock and other share-based awards granted by Encana prior to the Effective Date pursuant to the Encana Incentive
Plans, and Encana Incentive Award means any one of them, as applicable;
Encana Incentive
Plans means, collectively, (i) the Omnibus Incentive Plan of Encana Corporation, (ii) the Encana Corporation Employee Stock Option Plan, (iii) the Encana Corporation Employee Stock Appreciation Rights Plan, (iv) the
Performance Share Unit Plan for Employees of Encana Corporation, (v) the Restricted Share Unit Plan for Employees of Encana Corporation, (vi) the Deferred Share Unit Plan for Employees of Encana Corporation, (vii) the Restricted Share
Unit Plan for Directors of Encana Corporation, and (viii) the Deferred Share Unit Plan for Directors of Encana Corporation, in each case including any schedules or appendices thereto, as amended from time to time, and Encana
Incentive Plan means any one of them, as applicable;
Final Order means the final order of the Court
approving the Arrangement pursuant to subsection 192(4)(e) of the CBCA, as such order may be affirmed, amended or modified by any court of competent jurisdiction or, if appealed, then unless such appeal is withdrawn or denied, as affirmed or
amended on appeal;
Governmental Entity means: (i) any international, multinational, national, federal, provincial,
state, regional, municipal, local or other government, governmental or public department, central bank, court, tribunal, arbitral body, commission, commissioner, board, bureau, minister, ministry, governor in council, cabinet, agency or
instrumentality, domestic or foreign; (ii) any subdivision or authority of any of the foregoing; (iii) any quasi-governmental or private body exercising any regulatory, expropriation or taxing authority under or for the account of any of
the foregoing; or (iv) any stock exchange;
HoldCo means a new corporation to be incorporated under the CBCA prior
to the Effective Date as a wholly-owned subsidiary of Encana;
HoldCo Common Shares means the common shares of HoldCo to
be issued to and owned by Encana prior to the Effective Date;
Incentive Awardholders means: (i) prior to the
exchange of Encana Incentive Awards for Ovintiv Incentive Awards pursuant to the Arrangement, the holders of the Encana Incentive Awards; and (ii) after the exchange of Encana Incentive Awards for Ovintiv Incentive Awards pursuant to the
Arrangement, the holders of the Ovintiv Incentive Awards;
Information Circular means the notice of the Meeting
and accompanying proxy statement/management information circular and prospectus of Encana, together with all appendices, schedules and exhibits thereto, sent by Encana to the Securityholders in connection with the Meeting, as amended, supplemented
or otherwise modified;
Interim Order means the interim order of the Court pursuant to subsection 192(4) of the
CBCA relating to the Arrangement, as such order may be affirmed, amended or modified by any court of competent jurisdiction;
Law means, with respect to any Person, any and all applicable law, constitution, treaty, convention, ordinance, code, rule,
regulation, order, injunction, judgment, decree, ruling or other similar requirement, whether domestic or foreign, enacted, adopted, promulgated or applied by a Governmental Entity that is binding upon or applicable to such Person or its business,
undertaking, property or securities, and to the extent that they have the force of law, policies, guidelines, notices and protocols of any Governmental Entity, as amended unless expressly specified otherwise;
Listing Time means the time at which the Ovintiv Common Shares are listed for trading on the TSX;
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